Vadodara, July 26 (IANS) The three-day third edition of Bharat CPSEs’ Consultative Conclave 2026 on Project and Asset Management successfully concluded on Sunday here with experts charting out a roadmap for strengthening project execution, asset management and organisational excellence across Central Public Sector Enterprises (CPSEs) in the energy and mining sectors a day before at Gati Shakti Vishwavidyalaya (GSV) Vadodara, after insightful deliberations on strengthening project execution, asse…
Latest Department of Public Enterprises News & Updates
Kolkata, July 17 (IANS) The achievement of Garden Reach Shipbuilders and Engineers (GRSE) Limited of being elevated to Navratna status was celebrated through the release of a Special Cover with Cancellation and My Stamp on Friday. The Special Cover was released by Ashok Kumar, Chief Postmaster General of West Bengal Circle, in the presence of senior officials of GRSE and India Post.GRSE was accorded Navratna status by the Department of Public Enterprises under the Union Ministry of Finance in Ju…
New Delhi, July 1 (IANS) The Ministry of Steel has approved the granting of Miniratna Category-I status to engineering major MECON Limited, as the Central Public Sector Enterprise (PSE) has achieved the required financial milestones which include generating continuous profits in the last three years, according to an official statement issued on Wednesday.The company recorded a profit before tax (PBT) of Rs 77.62 crore in FY 2023-24 (restated), Rs 32.08 crore in FY 2024-25 and Rs 104.53 crore in …
New Delhi, June 20 (IANS) The Department of Public Enterprises (DPE) has, for the first time, notified ‘Development of Sporting Activities’ as a common Corporate Social Responsibility (CSR) theme for Central Public Sector Enterprises (CPSEs), a move expected to channel greater institutional funding towards sports development across the country.The decision, notified through an Office Memorandum, marks a significant evolution in the DPE’s thematic framework for guiding CSR expenditure by CPSEs to…
Kolkata, June 19 (IANS) Garden Reach Shipbuilders and Engineers (GRSE) Ltd has been declared a Navratna by the Government of India, the Department of Public Enterprises announced in a post on Friday. The shipyard, which is a Defence Public Sector Undertaking (DPSU), has built and delivered a record 118 warships to the Indian Navy and Indian Coast Guard over the last 65 years.As many as 80 have gone to the Navy. The latest among these are the INS Dunagiri, INS Sanshodhak and INS Agray, which were…
New Delhi, Feb 24 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved enhanced delegation to Power Grid Corporation of India Limited (POWERGRID), enhancing the permissible equity investment limit of the company from the current threshold of Rs 5,000 crore per subsidiary to Rs 7,500 crore per subsidiary — while retaining the existing cap of 15 per cent of the company’s net worth.The approval came under the extant guidelines dated …